3 ms·
It doesn't sound like there's anything wrong with your model; you just need to continue your funding negotiations. If you've got two lecturers, what are the ma
by michael_dorfman 17y ago
It doesn't sound like there's anything wrong with your model; you just need to continue your funding negotiations.
If you've got two lecturers, what are the major expenses? Salaries, and rent for the classroom? How big is the gap between (enrollment x tuition fees) and expenses? What kind of enrollment would it take to get "ramen profitable"?
- jonsen 17y agoThank you. I do believe we had a viable model. Perhaps other disturbing factors were too difficult. What interests me is rethinking the educational model in the large maybe catching new opportunities.
- michael_dorfman 17y agoWhy did you give up? It sounds like you were on the way to profitability. If you want to do it on a larger scale, the trick would be to a) sign on sufficient lecturers of sufficient quality, b) obtain the proper facilities, and c) attract enough students. In terms of c), I imagine that it might behoove you to talk to talk to the unemployment office in your country; I know that here in Norway there are a lot of funds available for retraining of out-of-work workers.
- jonsen 17y agoJa riktigt ja! Ja ikke sant! In fact I live in Norway now :-) But I am danish :-0 The short version of a complicated story: we pretty much gave up on the country - The Faroe Islands. No funding of the kind you are talking about. And overall a non progressive culture. I see I ought to further investigate the possibilities here in Norway.